‘Force Multiplier’: Competing For Talent, Clients and AI Adoption Has Big Law CMOs Spinning Many Plates

The chief marketing officer role within Big Law plays a crucial role at the intersection of partnership, client relations, and business strategy. CMOs navigate a range of challenges, including the competition for top talent, the integration of artificial intelligence, and the dynamics of an increasingly competitive client marketplace.

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Big Law’s Collections Practices Are Leaking Major Revenue

According to industry sources, inconsistent and informal collections practices are costing law firms in the Am Law 200 and below between 15% and 25% of their total potential revenue. The issues are so different between firms and individual partners that there is no “one size fits all” solution.

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These Laterals Are Seen as a ‘Huge Win’ in the Talent War. Here’s How Big Law Is Building Around ‘Boomerangs’

Firms such as Ropes & Gray, Morgan Lewis & Bockius, and Weil Gotshal & Manges are renowned for creating procedures and initiatives to greet returning former partners. Many firms have broadened their networks of alumni to include both individuals who join their own company and those who join competitors. According to one analyst, “firms that…

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Gibson Dunn Acts as Strategic Advisor to Xerox in Financing of Lexmark Acquisition

Recently, Gibson Dunn provided Xerox Holdings Corporation (NASDAQ: XRX) with financial advice for the $1.5 billion purchase of Lexmark International, Inc. from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Center. The negotiation and settlement of the financing agreements pertaining to the company’s 13.00% Senior Notes due in 2030 and associated warrants were spearheaded…

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Baker McKenzie Advises HARMAN in USD 375 Million Divestiture of DTS Business Unit to Wipro

In its deal with Indian IT company Wipro to sell its Digital Transformation Solutions (DTS) business unit for up to USD 375 million, HARMAN is being represented by Baker McKenzie. With the addition of knowledge in embedded software, digital engineering, and device engineering, the acquisition will strengthen Wipro’s strengths in engineering research and development and…

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Despite Revenue Spike, It Was a ‘Mixed Performance’ For Texas Firms in the First-Half, Data Shows

According to a recent Citi Global Wealth at Work Law Firm Group analysis, firms in the Texas area experienced “mixed success” in the first half of 2025. Despite having lower demand than the industry average, Texas’s domestic companies led the 11 regions in revenue growth because to robust collections. According to a Citi managing director,…

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Baker McKenzie Acts for the Underwriter in Yimutian’s US IPO on Nasdaq

In the initial public offering and listing of American depositary shares (the “ADSs”) representing Class A ordinary shares of Yimutian Inc. (“Yimutian”) on the Nasdaq Global Market, Baker McKenzie served as legal counsel to the underwriter.

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